San Francisco Traders

Agreed, market is much harder today. I thought about making the switch myself but then I thought HFTs will eventually infest all the markets.

 

Some food for thought...I read some articles that show HFT as declining.

http://www.nytimes.com/2012/10/15/b...down.html?ref=highfrequencyalgorithmictrading

http://www.nytimes.com/interactive/2012/10/15/business/Declining-US-High-Frequency-Trading.html

 

Like anything else they will reach an inflectionpoint where more HFT are detrimental to the markets than less however, there will always be enough of them to control the markets in terms of daytrading. NYSE not opening 2 days in a row because market participants did not trust algo trading alone shows that there is still room for us in the trading world...

 

dealmaker - I'm interested in the name too. Thx.

 

I have spoken with the owner of the San Ramon prop firm and it turns out he has relocated thus the firm is no longer operational however he did say that there is a firm in Lafayette and that he will get me the name, as soon as I hear from him I will post the details.

 

I'm in Alamo. Near walnut creek. Trade full time. If you are ever in the area and want to meet let me know.

 

garachen.... i'm in danville... what do you trade and do you trade for yourself.

I trade for myself and daytrade futures.


cheers

toucan

 

I'm thinking of moving back to the bay after 20 years. Where do you guys suggest I move to, I would need to rent a decent apartment to begin with. I used to live in the south bay back in the day but I don't think I want to do that, would like to be closer to the city. Also, what about waking up at 5 AM to start trading, how does that work for everybody in the West Coast?

Thanks.

 

Do you know the story about Francis Asisi and his friend Leo?

 

Garachen.... I just looked at your thread "a path towards profitablilty" and have answered my questions above.


thanks

toucan